Wesley Brown

1 month ago | theepochtimes.com | Wesley Brown

American motorists and vacationers are hitting the roads and airports in higher-than-expected numbers during the ongoing spring break period. In a statement provided to The Epoch Times, the Transportation Security Administration (TSA) said it expects high passenger volumes during the peak spring break travel period, which runs through the end of this week. Nationwide, spring break air travel numbers are expected to increase by more than 5 percent from last year.

1 month ago | theepochtimes.com | Wesley Brown

The travel industry’s post-pandemic recovery could face headwinds as the nation’s Big Three airlines—Delta, United, American—and several smaller carriers lowered their first-quarter earnings outlook due to “macro uncertainty” in the global economy, analysts and industry insiders say. Delta Airlines presented its revised March outlook, previously provided on Jan. 10, during the highly watched J.P. Morgan Industrial Conference in New York City on March 11.

1 month ago | theepochtimes.com | Wesley Brown

In another busy earnings week for the consumer retail sector, President Donald Trump’s decision to proceed with 25 percent tariffs on Canada and Mexico caused Wall Street to stomp the brakes on the near-term outlook for hard and soft goods merchandisers.

1 month ago | theepochtimes.com | Wesley Brown

Two prominent U.S. refineries are currently going offline, and the U.S. Energy Department expects those closings and rising fuel consumption to reduce the nation’s petroleum stockpile by 2026. In its February Short-Term Energy Outlook, the Department of Energy’s Energy Information Administration (EIA) forecasted in a March 3 report that inventories of the three largest types of transportation fuels—motor gasoline, distillate fuel oil, and jet fuel—will soon fall to their lowest levels since 2000.

1 month ago | theepochtimes.com | Wesley Brown

News AnalysisOne week after Walmart Inc.’s year-end financial results shook the broader market, food, and consumer retailers are feverishly working on getting customers back in stores after the holidays and enticing them to buy more products in-store and online. During Walmart’s fourth quarter conference call with Wall Street analysts on Feb.